TSH Resources silent on SGX haze queries as First Resources pledges support

Singapore Exchange Regulation (SGX Regco) has indicated it will require TSH Resources to disclose any material information related to haze concerns affecting the region, as the company has yet to formally respond to regulatory queries.

The development comes as regional haze episodes continue to draw scrutiny from investors and regulators across Southeast Asia. SGX Regco's move signals heightened regulatory attention to environmental and operational risks faced by regional commodity producers.

First Resources, a competitor operating in the same sector, has publicly pledged its cooperation with regulatory authorities and commitments to environmental standards. The company's proactive stance contrasts with TSH Resources' apparent silence on the matter.

Under SGX listing rules, companies are required to immediately disclose any information that could materially affect their share price or investor decision-making. Environmental incidents and regulatory responses typically fall within this disclosure framework.

The exchange regulator's position underscores mounting pressure on regional resource companies to demonstrate transparency and accountability regarding environmental practices and their business impact.